Powin announces 15 GWh MSA with EVE Energy

Global energy storage platform provider Powin LLC (Powin), today announced the signing of a 15 GWh Master Supply Agreement (MSA) with EVE Energy Co., Ltd. (EVE), a leading battery cell supplier. This agreement encompasses the provision of both 280 and 306 amp-hour lithium iron phosphate (LFP) cells.

The partnership with EVE signifies Powin’s strategic diversification and alignment with premier battery cell suppliers to meet market growth and surging demand. By collaborating with EVE, Powin continues to leverage best-in-class technology, ensuring the delivery of reliable and efficient energy storage solutions. EVE, recognized as a Tier 1 battery cell supplier, is renowned for its extensive global footprint and high-performing battery cells.

Kirk Fleischhauer, Chief Operating Officer at Powin, stated, “We are thrilled to partner with EVE, whose innovative and high-quality LFP cells will significantly enhance our product offerings. This agreement is a testament to our commitment to diversifying our supply chain and working with industry-leading technology providers to meet the evolving needs of the energy storage market.”

“We are proud to collaborate with a leading energy storage system integrator like Powin,” said Steven Chen, SVP of EVE Energy, CEO of EVE Energy Storage. “Powin’s extensive global presence and commitment to innovation align perfectly with our mission to deliver high-performance battery cells. Together, we look forward to driving the energy transition forward.”

The LFP cells from EVE will be integrated into Powin’s advanced energy storage systems, providing robust, safe, and long-lasting solutions for various applications. This collaboration aligns with Powin’s mission to drive the transition to a sustainable energy future through cutting-edge technology and strategic partnerships.